Milan, Lombardy - Energy Dome, a leading renewable energy semiconductor manufacturing company based in Milan, Italy, announced today the successful completion of their Series B funding round, raising a total of $44,173,000. The funding round was led by 360 Capital, Eni, CDP Venture Capital SGR, Elemental Excelerator, Japan Energy Fund, NOVUM CAPITAL PARTNERS SA, and NEVA SGR, with participation from several other strategic investors.

Energy Dome was founded by Claudio Spadacini, who has years of experience in Conventional and Renewable Energy Systems, Turbomachinery, Thermodynamic processes, Engineering, Drilling & Tunneling, and Entrepreneurship. The company has developed a revolutionary technology for large-scale and long-duration energy storage. Their proprietary technology is based on a thermodynamic process that uses CO2 to store electricity cost-effectively with unprecedented round-trip efficiencies.

With the completion of this funding round, Energy Dome is poised to become a major player in the energy storage market. Their technology enables the storage of large quantities of energy for long periods of time anywhere without any site dependency, delivering all the typical services of utility-scale storage systems, including grid regulation services.

The simplicity of the process, as well as the use of readily available off-the-shelf equipment, sets Energy Dome apart from other companies in the industry. The company's innovative approach to energy storage has garnered interest from investors worldwide, and the successful completion of its Series B funding round is a testament to the market's confidence in its technology and team.

For more information about Energy Dome and its technology, please visit their website at www.energydome.com.